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J.D. Power, GlobalData confirmed 2024 global new light-vehicle sales outlook at 88 million units (+1.5%). There continues to be level of risk with vehicle demand in Q4, but increase in October eased some of concern, Schuster (GlobalData) said. Firms simultaneously cut 2025 forecast by 500,000 cars, vans from 91.1 million (+3.5%) to 90.6 million (+2.7%). Autos are poised for continued growth in 2025 as conditions improve in key markets, he added
December 4, 2024 | 05:48pm CETflashread more
PFA: New car registrations in France down by 12.7% in November (vans up to 5.1 tonnes -16.2%; trucks -0.9%)
December 4, 2024 | 05:27pm CETflashread more
Libor Láznička decided to leave Continental after more than 30 years in April 2025. Tomáš Belza, former director of passenger tyre production (PLT), appointed as new tire plant manager in Otrokovice, Czechia (Continental Barum, Continental výroba pneumatik, Continental HT Tyres; 5,200 employees) on November 1
December 2, 2024 | 10:44am CETflashread more
AutoWallis Group (SsangYong distributor in Czechia, BMW dealer in Hradec Králové, Prague and Pardubice, Czechia, representative of more than 20 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) to acquire Milan Král Holding dealer group with 200 employees in České Budějovice, Czechia (Milan Král a.s. – Mercedes-Benz car, van, truck dealer, market share of 6%; ACR Auto – BMW, BMW Motorrad dealer, market share of 7%; MNC Auto – Ford car, van dealer, Opel service; MK Kar-Lak – body shop, paint shop; MK Správní společnost; sales of 1,300 new, 700 used vehicles per year; revenues of HUF 50 billion/EUR 111 million/CZK 2.8 billion in 2023) from founders (Milan Král, Iveta Králová), expanding portfolio by two new brands (Mercedes, Ford). Transaction began to be assessed by Office for Protection of Competition (ÚOHS), it is largest acquisition in AutoWallis’s history
December 2, 2024 | 10:36am CETflashread more
Sales of new light vehicles in USA grew in November (J.D. Power/GlobalData: +11%; Cox Automotive: +6.6%; S&P Global Mobility: +6%)
December 2, 2024 | 10:28am CETflashread more
Emil Frey Group: František Neuman to become new director of used car sales in Czechia and Managing Director of EF Mobility (used car sales programs of distributed brands, Emil Frey Select, Autosphere.cz, 10 employees in Prague, wholesale sales of more than 1,400 used vehicles per year) on January 1, 2025, while remaining Head of Citroën in Czechia
November 29, 2024 | 01:59pm CETflashread more
Seznam Zprávy/Deloitte Czech Elite 2024: 100 most valuable Czech companies (under control of Czech owners) include ČEZ (estimated value: CZK 474 billion/EUR 18.8 billion, main owner: state), Pražská energetika/PRE (CZK 38 billion/EUR 1.5 billion, City of Prague), Eurowag/W.A.G. Payment Solutions (CZK 18 billion/EUR 712 million, Martin Vohánka), Čepro/EuroOil (CZK 14 billion/EUR 554 million, state), Brano (CZK 7.3 billion/EUR 289 million, Pavel Juříček), Škoda Group (CZK 5.8 billion/EUR 230 million, Renáta Kellnerová), Koh-i-noor (CZK 5 billion/EUR 198 million, Vlastislav Bříza), ICOM Transport (CZK 4.4 billion/EUR 174 million, Kateřina Kratochvílová), Auto Jarov (CZK 4.1 billion/EUR 162 million, Josef Fojtík)
November 29, 2024 | 01:42pm CETflashread more
SMMT: Car production in UK down by 15.3% y/y in October, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 3.9%
November 29, 2024 | 01:31pm CETflashread more
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad Soden near Frankfurt, Germany, to produce and supply green hydrogen and provide fuel cell electric vehicles (public buses, trucks, taxis, port cargo handling equipment) in Europe. Toyota Tsusho already has experience in hydrogen business, including operation of hydrogen stations in Japan (Atsuta/Nagoya, Tsutsumi/Miyoshi) and initiatives to convert port machinery to FCEVs in USA (Port of Los Angeles, California)
November 28, 2024 | 11:57am CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,968,000 (+3.4%) to 1,942,000 (+2.1%), of which battery electric vehicles (BEVs) from 364,000 (+15.6%) to 363,000 (+15.4%), and 2025 forecast from 2,029,000 to 1,977,000, of which BEVs from 480,000 to 464,000. Simultaneously, association published its first estimate for 2026 at 2,049,000 cars, of which 585,000 BEVs
November 28, 2024 | 11:47am CETflashread more
MNC Auto (Milan Král Holding/Group; Ford, Opel car, van dealer in České Budějovice, Czechia; revenues of CZK 282 million/EUR 11.2 million in 2023) closed Opel dealership (service remained). In released showroom, company opened AutoProTebe (Auto.pro.tebe, Car.for.you) used car shop, importing nearly-new vehicles from Germany and Netherlands
November 27, 2024 | 10:56am CETflashread more
AutoSAP: 20,472 (passenger) electric vehicles produced in Czechia in October (-12.9%; 15,548 battery electric vehicles, -3%, 4,924 plug-in hybrids, -34.2%), of which 20,460 cars (-13%; Škoda: 13,175 BEVs, +17.8%, 2,880 PHEVs, -40.5%; Hyundai: 2,361 BEVs, -51.3%, 2,044 PHEVs, -22.5%) and 12 buses (SOR: 2 BEVs; Škoda Electric: 0 BEVs; Iveco: 10 BEVs)
November 27, 2024 | 10:42am CETflashread more
Changes
General Motors has agreed to sell Swedish carmaker Saab to Spyker
January 27, 2010 | 02:56am CEToriginalHowever, GM will retain the stake in Saab, or more precisely, in the acquiring company Spyker Saab Automobiles. Details of the transaction...
read moreHyundai has new dealer in Liberec, to open 55th showroom in Czech Rep
January 27, 2010 | 02:46am CEToriginalCompany Stavotranz has been replaced in Liberec by a well-established dealer of several brands, which has built a separate Hyundai showroom. It is a company...
read moreChretien (Renault): Automobile market in Czech Rep to stagnate in 2010
January 27, 2010 | 02:39am CEToriginalRenault sales dropped with the market in 2009. Models Megane/Scenic has been successful, Laguna failed. Dealer network...
read moreAutobond still negotiating with carmakers three brands to be offered in new complex in Plzen
January 27, 2010 | 02:21am CEToriginalThe company has been offering Suzuki cars in Plzen since October 2009. With whom negotiations are ongoing, as well as the planned construction beginning and opening the complex...
read moreAuto Jarov to supply limousines Audi A6 to new Prague-based taxi Tick Tack
January 27, 2010 | 01:27am CEToriginalIt will be a unified fleet of cars in white colour and with the same equipment. The volume of deliveries and taxi fares...
read moreGeneral Motors to resume production of electric engines in 2013
January 27, 2010 | 12:53am CEToriginalThe carmaker is now using electric engines from external suppliers in its electric and hybrid cars. GM invests in the production of electric engines...
read moreGM has completed restructuring plan for Opel, now to be approved by unions
January 27, 2010 | 12:41am CEToriginalBelgian trade unionists, however, sued Opel because of the Antwerp-based plant closure, where small SUVs should have been produced...
read moreInvestment funds in USA sued Porsche SE because of investors’ deception in effort to take Volkswagen over
January 27, 2010 | 12:32am CEToriginalFunds accuse the former executives of Porsche Automobil Holding SE of manipulation of the securities market and are estimating damage to...
read moreSAIC wants to start production and sales of MG cars in Europe this year
January 26, 2010 | 03:27am CEToriginalProduction will begin in late 2010 at a plant of the bankrupt company MG Rover in the British town...
read moreAAA Auto currently not to build network of commercial service shops
January 26, 2010 | 03:16am CEToriginalThe company is not compelled to resort to the service because margins on used cars have been left untouched by the crisis as on the new cars...
read moreLG Electronics deepens cooperation with Volkswagen Group on audio equipment supplies
January 26, 2010 | 03:07am CEToriginalVolkswagen is being supplied with audio systems by Bosch as well. Details of the new contract with LG including supplies for brands VW, Skoda and Seat...
read moreAutocentrum Pardubice and Autocentrum Hradec Kralove under new brand Autocentrum Barth
January 26, 2010 | 02:34am CEToriginalThe dealer of new and used cars, such as Skoda, Volkswagen, Audi, Seat and Fiat, has also introduced a new website and logo...
read moreGeneral Motors considers building another plant in China
January 26, 2010 | 02:09am CEToriginalGM sales increase surpassed market growth in the country last year. This year it should copy the market. Construction of a new plant would begin as soon as...
read moreJaguar Land Rover to decide on closing one of three plants during H1 2010
January 26, 2010 | 01:43am CEToriginalCar production has decreased in the last two years but Jaguar Land Rover has seen revival in its key markets...
read moreGM, Swedish Government and Spyker have possibly agreed on Saab sales terms, parties denied it
January 25, 2010 | 11:55pm CEToriginalAccording to the interested parties, no decision on Saab has been made so far. Ed Whitacre was confirmed in office indefinitely...
read moreAuto-Exner opened showroom with new concept Audi Terminal in Prague 9
January 25, 2010 | 11:46pm CEToriginalIt is only the second Audi Terminal in the Czech Republic. This concept of a showroom offers fast service; used cars are sold separately or...
read moreAuto Palace postponed construction of Infiniti showroom in Slovakia, and replaced dealership head in Czech Rep
January 25, 2010 | 04:01am CEToriginalSale of Infiniti cars was under the plan in the Czech Republic in 2009. Norbert Wilhelm has been replaced in the management of Infiniti Centre Prague by...
read moreKia Sportage: Third generation to be introduced in Geneva, production to be started in Zilina in June
January 25, 2010 | 03:32am CEToriginalRecently launched production of the sister model Hyundai ix35 and increasing deliveries to Hyundai’s Czech plant increase production of engines in Zilina...
read moreSkoda Auto wants to get rid of over 2,400 people this year, mostly agency workers
January 25, 2010 | 03:24am CEToriginalThe number of employees of the Czech carmaker would be reduced by about 10%. According to the company management, the crisis is not over yet...
read moreAuto Hase expanded scope by another brand, opened Nissan showroom in Stodulky, Prague 5
January 25, 2010 | 02:57am CEToriginalNissan thus has a dealer in the western half of Prague after half a year again. Nissan showroom found a place in a complex of company Autocentrum Duba...
read moreGeneral Motors is interested in Saab sale, production continues
January 25, 2010 | 02:35am CEToriginalSaab concentrated car production to Sweden; production of the model 9-3 Cabriolet was initiated in Trollhattan on January 12...
read moreNew importer to start with four Jaguar and five Land Rover dealers in Czech Rep
January 25, 2010 | 02:24am CEToriginalPart of the network are both existing and new partners, however, to some the license has not been extended. Details of sales and service network and further negotiations...
read moreNews in sales to individuals, companies, and within used cars to move up Peugeot by three places by 2015
January 22, 2010 | 01:17am CEToriginalFourteen new models are to help by 2012, hybrids and electric vehicles, used car brand Label, rental of products and accessories, and other services...
read moreSkoda Auto management reinforced by Karlheinz Hell, as board member to be responsible for purchasing
January 22, 2010 | 12:58am CEToriginalHell is responsible for purchasing coordination of Skoda Auto as well as of the Volkswagen Group in Central Europe. Post of board member for Production and Logistics...
read moreOpel to close factory in Antwerp in June, Astra production to possibly move to Bochum
January 21, 2010 | 11:43pm CEToriginalOverall, Opel is about to cancel 8,300 jobs in Europe, including 4,000 in Germany. This year, the European car market is going to fall according to the Opel head by...
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